Inventory management service It is a service aimed at organizing and monitoring materials and products stored in institutions. This service includes managing inventory flow, setting order and stocking levels, tracking available quantities and refilling inventory when needed.

Service components 

Components of an inventory management service typically include:

Inventory management system: It is considered the basic inventory management service system, and includes techniques for recording and tracking inventory and determining order and storage levels.

Analysis techniques: The service relies on advanced analysis techniques to analyze inventory-related data, such as probabilistic forecasts and statistical analyses.

user interface: The system provides an easy-to-use interface for users to enter and review inventory data and perform the necessary operations.

Inventory management service provides many benefits to organizations, including:
Improve storage efficiency: Inventory management helps improve the efficiency of warehousing and flow operations, reducing excess storage costs and improving order fulfillment.
Reducing deficiency and wastage points: Thanks to advanced analytics and probabilistic forecasting, the service helps reduce inventory shortages and losses, improving profitability and reducing waste.
Improve customer service: By tracking available quantities and determining demand levels, customer service can be improved and products are continuously available, which enhances customer satisfaction and contributes to increased loyalty.